01/12/2025
NRB Bearings Limited (NRB) has entered into a Joint
Venture Agreement with Unitec S.r.L. (a company
incorporated under the laws of Italy and part of the
Mondial group) and Mondial S.p.A. (a company
incorporated under the laws of Italy); Unitech and
Mondial (hereinafter referred to as Unitec Group) for the
formation of a Joint Venture Company in India.
Unitec, part of the Mondial Group, is recognized as one
of Italy’s most reputed independent bearing companies,
manufacturing industrial bearings for a range of critical
applications.
The group is highly regarded for engineering expertise
for a wide range of product applications, customization
capabilities, and a history of long-standing customer
partnerships across Europe’s in industrial segment for
the manufacturing and distribution of high-precision
industrial bearings. With more than 60 years of
operating history and annual revenues exceeding €60
million, the Mondial Group has built a strong reputation
in motion-technology solutions and engineered
components. Unitec delivers advanced, applicationspecific bearing solutions to leading OEMs in Italy and
across the globe for a range of sectors; customers
include
Bonfiglioli (industrial gearboxes),
SAME (agricultural machinery),
Leonardo (defense and aerospace),
ITEMA (textile machinery), and
MAINA (steel manufacturing).
